Flow measurement has proved an important process in the management and preservation of vital energy supplies, including gas and oil. The constant use of meters and parts will undoubtedly cause wear and tear.
Specialist engineering company Subsea 7 were announced as the successful bidders for Dana Petroleum’s lucrative Western Isles development project, based in the North Sea and worth an estimated $300 million.
2012 has been an excellent year for Ex~i Flow Measurement. In September we launched the new remote access ability for the SFC3000 flow measurement computer, allowing users to access vital data anytime, anywhere. In 2013 we look to provide an even better performance and service.
Measurement of the activity and flow of water is one of the most important flow measurement processes. The world’s population is constantly growing, but the level of available water isn’t so it is essential to ensure supplies are efficiently used. Flow measurement is central to the effective supply of clean water and the safe disposal of wastewater.
Ahead of next weeks Energy Bill release the Government has revealed some of their plans. In a move to create a more self-sufficient UK energy market the new Bill will include a shake up of the electricity market and an increased focus on low-carbon energy.
Gas prices in the US are showing signs of recovery after hitting lows earlier this year. In the run up to winter gas has doubled in price and the record levels of underground stocks are expected to be drawn from.
Flow measurement computers have to be supremely flexible to fit a range of gas, renewables and oil power plants easily, fitting into existing systems with ease and efficiency. In fact the sheer variety of potential applications means bespoke systems are generally the best solution. At Ex~i Flow Measurement we offer custom built, bespoke flow computers for the gas and liquid industry, and a consultancy and design service.
The UK Government’s promise to reduce carbon emissions could be in jeopardy after a run of bad news. Last month they failed to secure vital funding for two Carbon Capture and Storage (CCS) projects due to providing a lack of information to the European Union. The applications submitted were worth around £500 million in investment but were refused after some funding details were omitted on the application.
The Scottish National Party have announced their ambitious 2015 renewable energy targets. Alex Salmond, the First Minister of Scotland, aims to generate 50% of Scotland’s electricity from renewable sources by 2015 – eventually reaching 100% renewable energy by 2020.
It’s good news for North Sea oil after it receives a boost from new investment. The welcome boost comes as new tax breaks along with over 160 new production licenses bring a renewed interest in investment. The tax breaks, announced last month by Chancellor George Osborne, have already secured two new major North Sea oil deals, including a £1.6 billion project by Canadian oil company Talisman Energy.